6470 Oxford Cir UNIT 102BVero BeachFL32966
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $311,000, 6470 Oxford Cir UNIT 102B, Vero Beach, FL, 32966 in Vero Beach generates $2,550/mo in rent (9.84% yield) but nets only $73/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.82) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $85,924. Total projected return: $125,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.0% |
| Monthly Cash Flow | $73 | $1,500 |
City averages based on Vero Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,550 |
| Total Monthly Debt Service | $2,353 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
3,240 sqft lot
$N/A/sqft
$413 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Housing Distribution
Address Breakdown
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2006
3,240 sqft lot
$N/A/sqft
$413 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32966, Vero Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,226 (100%) |
| Owner Occupied HU | 8,550 (64.6%) |
| Renter Occupied HU | 2,846 (21.5%) |
| Vacant Housing Units | 1,830 (13.8%) |
| Median Home Value | $357,762 |
| Average Home Value | $357,344 |
Housing Distribution
Address Breakdown
Residential
12,426
Single Family
8,196
Multi-Family
4,230
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melinda J McKee • McKee Realty
Mls Name: Realtor Association of Indian River County
Mls Provider:
Mls ID: #283177
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.